Tag Archives: Median Home Prices

With nearly 26% fewer homes newly listed for sale compared to last year, active inventory slowed for the fourth month in a row, according to the Realtor.com Monthly Housing Trends Report for June.

Oregon, Washington State, and higher-priced areas of the country are absorbing a larger share of recent market declines based on data from Q1 2023, while other lower-priced areas show less impact from the recent downturn.

This year shattered records across the board; so much so that 14 ZIP codes now have average median property values of $4 million.

New Black Knight data takes a look at "the largest quarterly decline [in newly acquired equity] on record by dollar value and the largest since 2009 on a percentage basis.”

“While the price of buying a home climbed through the third quarter, would-be buyers pivoted towards renting and other housing arrangements,” said Realtor.com Economic Data Analyst Hannah Jones.

The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May —rising 15% year-over-year to a record high of $2,002— according to a new report from Redfin. That’s on par with April’s annual ...

Renting remains more financially viable in populous cities, whereas home ownership is found to be more affordable in rural areas.

A shrinking supply of homes available faces stiff competition from buyers looking to one-up each other, as home prices continued to trend higher in May.

A report examined the rise and fall in borrowers’ typical mortgage payment and its impact on affordability. Here’s what it found.